Thursday
Apr092009
Manston is a poor investment
No quarter? Manston's impending doom
Infratil executive Tim Brown would not comment directly on one analyst's suggestion that Infratil's other under-performing European airports could be next [to be sold] but said it was hard to run with a loss on a low-return asset in the current environment. Around 75% of Infratil's investments, including Wellington Airport and TrustPower, were performing well, Brown said. "You have to say to yourself, can you have 25% of the business not generating a return? In this type of environment you can't."Click to see more: Future, Investment